Ferrari to reveal new model later today

AVANTI R5 · 11-13-2019, 06:52 AM

Ferrari has confirmed that it will reveal a new model later today in a post on its official Instagram page.

Quote:

An accompanying image reveals little about the new car, but we can see a blurred grey silhouette travelling at speed, reflected in a pair of sunglasses.

A video posted to the same account earlier this week features clips of famous Italian landmarks and traffic in urban areas, suggesting that it will be a less performance-focused model than the recently revealed F8 Tributo and SF90 Stradale.

One possibility is that the firm will reveal a hardtop coupé variant of its entry-level Portofino sports car, following the unveiling last month of the 812 GTS and F8 Spider convertibles.

In that case, we can expect it to retain the grand tourer’s turbocharged 3.9-litre V8, which produces 592bhp and 561lb ft. The new car is likely to offer a slight performance advantage over the drop-top, however, with the loss of a weighty roof mechanism

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AVANTI R5 · 11-13-2019, 06:55 AM

Back in August...

MILAN (AP) — Ferrari CEO Louis Camilleri confirmed Friday that the luxury performance carmaker will unveil three new models this year as part of its business plan targeting revenues of around 5 billion euros ($5.6 billion) by 2022.

Camilleri declined to give any hints about the new models — two of which will be unveiled at an event at its Maranello headquarters next month. Ferrari, however, is accelerating the pace of its model launches, which by the end of the business plan will include a utility vehicle dubbed Purosangue (Thoroughbred); the Icona series, available only to Ferrari owners, as well as the more versatile Grand Turismo segment.

We will privilege revenue over volume,” Camilleri said, citing the Ferrari SF90 Stradale new plug-in hybrid supercar launched in May as a good example of “opening up a new price segment within our range of cars.”

Ferrari earlier announced that second-quarter profits rose 14 percent, driven by its Portofino and 812 Superfast models and despite a relatively unfavorable model mix that saw North American sales slip. The company posted a net profit in the three months up to the end of June of 184 million euros ($204 million), up from 160 million euros in the same period last year.

Total shipments were 2,671 vehicles, an increase of 8 percent over the previous year, which included accelerated deliveries to China to get ahead of an emissions regulatory change. Ferrari deliveries will grow this year to around 10,000 units, meeting the cap on small car manufacturers that includes emissions breaks.

Camilleri declined to project sales for future years, but said he wasn’t particularly concerned about the cap.

Net revenues were up nearly 9 percent at 984 million euros, boosted by vehicle personalizations, while lower deliveries at the Fiat Chrysler-owned Maserati hit Ferrari engine sales. Ferrari also said it increased its investments in Formula 1 in anticipation of regulatory and technical changes in the cars in 2021.

Vehicle shipments dropped 6 percent in the Americas to 803 vehicles due to model shifts in the 488 family. Europe and the Middle East, the largest market, grew by 11 percent to 1,195 vehicles. Shipments to greater China, including the mainland, Hong Kong and Taiwan, surged by 63 percent to 289 vehicles, while the rest of Asia was up by 6 percent.

Ferrari confirmed its full-year targets at the high end of the range, with revenues above 3.5 billion euros and earnings before tax and interest of between 1.2 billion and 1.5 billion euros.

Company shares in Milan trading dropped nearly 4 percent to 143.50 euros, possibly reflecting investor disappointment that the targets were not raised. Ferrari stock has risen 60 percent this year.

Pre · 11-13-2019, 06:30 PM

Ferrari and Instacrap in the same sentence makes me want to get shot in the face. G damn F social media and all the bs it brings. Do it old school Maranello. Issue a press release or debut it at a car show. So tired of this bs.

bemani · 11-13-2019, 06:32 PM

Roma:
https://www.autoblog.com/2019/11/13/...roma-revealed/

Stanley · 11-13-2019, 09:58 PM

Luigi only like Ferrari

4S-TURBO · 11-13-2019, 10:18 PM

godfather2112 · 11-13-2019, 10:28 PM

It looks like a rendering of the F type pre production. Except, not as good looking. Not a fan of this Ferrari, solid pass.

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11-13-2019, 06:55 AM	#2
AVANTI R5 Scooby Guru Member#: 73805 Join Date: Nov 2004	Back in August... MILAN (AP) — Ferrari CEO Louis Camilleri confirmed Friday that the luxury performance carmaker will unveil three new models this year as part of its business plan targeting revenues of around 5 billion euros ($5.6 billion) by 2022. Camilleri declined to give any hints about the new models — two of which will be unveiled at an event at its Maranello headquarters next month. Ferrari, however, is accelerating the pace of its model launches, which by the end of the business plan will include a utility vehicle dubbed Purosangue (Thoroughbred); the Icona series, available only to Ferrari owners, as well as the more versatile Grand Turismo segment. We will privilege revenue over volume,” Camilleri said, citing the Ferrari SF90 Stradale new plug-in hybrid supercar launched in May as a good example of “opening up a new price segment within our range of cars.” Ferrari earlier announced that second-quarter profits rose 14 percent, driven by its Portofino and 812 Superfast models and despite a relatively unfavorable model mix that saw North American sales slip. The company posted a net profit in the three months up to the end of June of 184 million euros ($204 million), up from 160 million euros in the same period last year. Total shipments were 2,671 vehicles, an increase of 8 percent over the previous year, which included accelerated deliveries to China to get ahead of an emissions regulatory change. Ferrari deliveries will grow this year to around 10,000 units, meeting the cap on small car manufacturers that includes emissions breaks. Camilleri declined to project sales for future years, but said he wasn’t particularly concerned about the cap. Net revenues were up nearly 9 percent at 984 million euros, boosted by vehicle personalizations, while lower deliveries at the Fiat Chrysler-owned Maserati hit Ferrari engine sales. Ferrari also said it increased its investments in Formula 1 in anticipation of regulatory and technical changes in the cars in 2021. Vehicle shipments dropped 6 percent in the Americas to 803 vehicles due to model shifts in the 488 family. Europe and the Middle East, the largest market, grew by 11 percent to 1,195 vehicles. Shipments to greater China, including the mainland, Hong Kong and Taiwan, surged by 63 percent to 289 vehicles, while the rest of Asia was up by 6 percent. Ferrari confirmed its full-year targets at the high end of the range, with revenues above 3.5 billion euros and earnings before tax and interest of between 1.2 billion and 1.5 billion euros. Company shares in Milan trading dropped nearly 4 percent to 143.50 euros, possibly reflecting investor disappointment that the targets were not raised. Ferrari stock has risen 60 percent this year.

11-13-2019, 06:30 PM	#3
Pre Scooby Specialist Member#: 139693 Join Date: Feb 2007	Ferrari and Instacrap in the same sentence makes me want to get shot in the face. G damn F social media and all the bs it brings. Do it old school Maranello. Issue a press release or debut it at a car show. So tired of this bs.

11-13-2019, 06:32 PM	#4
bemani Scooby Specialist Member#: 5673 Join Date: Apr 2001 Chapter/Region: BAIC Location: Folsom, CA Vehicle: 05 LGT, 02 bug eye 16 Hellcat, 19 CTR	Roma: https://www.autoblog.com/2019/11/13/...roma-revealed/

11-13-2019, 09:58 PM	#5
Stanley Scooby Guru Member#: 7374 Join Date: Jun 2001 Location: North Bay, SFCA Vehicle: 2007 Grandpamobile BlingBlingBlue	Luigi only like Ferrari

11-13-2019, 10:18 PM	#6
4S-TURBO Scooby Specialist Member#: 67807 Join Date: Aug 2004 Chapter/Region: NWIC Location: who the hell makes those Vehicle: .... missiles - when they know wat they can do

11-13-2019, 10:28 PM	#7
godfather2112 Papi Chulo Moderator Member#: 53794 Join Date: Jan 2004 Chapter/Region: RMIC Location: Boner kill city Vehicle: ... 2017 BMW M2 2017 F-150	It looks like a rendering of the F type pre production. Except, not as good looking. Not a fan of this Ferrari, solid pass.